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T/F: The firm-level WACC is the appropriate discount rate to apply when calculating NPVs for typical...

T/F: The firm-level WACC is the appropriate discount rate to apply when calculating NPVs for typical projects in each division of a multi-divisional firm.

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Ans False

The firm-level WACC is not the appropriate discount rate to apply when calculating NPVs for typical projects in each division of a multi-divisional firm.

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